Why Startups are Preferring the Crypto Exchange Business???
Edward last edited by
Nowadays many peoples are interested in starting a business in the crypto space. Because the future is fully based on digital & blockchain sectors. So mostly the startups are starting their business in the crypto industry. But some of them are getting confused while choosing the right business opportunity. Because in the crypto space “n” number of business ideas are available. Picking a specific one is not an easy thing. No need to worry, I did some analysis in the crypto space (as well as the blockchain industry) to find the emerging & best business opportunities. As an end, I got the best crypto business ideas here is the list <<< check it out.
On those list of crypto business opportunities, one particular business attracts many startups & enthusiasts, that is “Cryptocurrency Exchange”. Yes, the Crypto Exchange business is one of the most successful businesses in the crypto space and also it’s an emerging & passive revenue-generating business model. One of the best examples is “Binance”. We all know Binance is the world’s most popular crypto exchange platform. It was started in 2017 and within a year, the exchange got drastic popularity in the crypto space. Now they have millions of active crypto users all over the world. Binance supports more than 100+ cryptocurrencies & generate-income in some possible ways such as trading fee, Token listing fee, deposit/withdrawal & so on. That is why startups are preferring crypto exchange businesses.
Now you have a question like this - “How to Start a Crypto Exchange???” this a common question for all crypto startups & enterprises. Generally, there are 2 possible way to launch your exchange platform
- Developed from scratch.
- Launch your exchange by using white label crypto exchange software
In those 2 methods, white label crypto exchange software is a cost-effective & secured way to launch your exchange platform. Let me explain.
If you develop your exchange from scratch, you might face some technical & non-technical issues like crypto wallet integration, partnering with the bank, no beta test, high cost ($ 50k or more than that), need more time, & a lot of security risk [Sometimes dark world peoples may hack your exchange platform] so most of the crypto enthusiast doesn’t prefer this method.
If you go with white label crypto exchange software, you have a lot of benefits.
Benefits of White Label Crypto Exchange:
- Customizing options - They will help you to build your cryptocurrency exchange platform based on your business needs.
- Monitor and Engage - You can easily monitor the work process
- Beta module - You can test your exchange in the Beta module
- Cost-effective - White label crypto exchange cost of development will be around $ 8k - 15k (It may vary based on the requirements.)
- Time-Period - You can launch your exchange within 1 week
- Fully secured, bug-free & adv trading features.
But all white label crypto exchange software providers are not offering all these services. Only noted crypto exchange software providers like Coinsclone, offering the best crypto exchange services at a budget-friendly price.
If you’re interested in connecting with them, you can reach out to their business experts directly via,
Mail: [email protected]
For a Free Live Demo, visit @ White Label Crypto Exchange Software